Limited Liability Limitation of shareholders' losses to the amount invested. Limited Recourse Rights only to specifically stipulated assets to satisfy an unpaid debt. Line of Credit Agreement by a bank that a company may borrow at any time up to an payday loan in dayton ohio limit. Linked Deposit A deposit in an account with a financial institution to induce that institution's support for one or more projects. By accruing no interest or low interest on its deposit, a foundation essentially subsidizes the interest rate of the project borrowers.
Loan Agreement A written contract between a lender and a borrower that sets out the rights and obligations of each party regarding a specified loan. Loss Reserves That portion of a fund's earnings or permanent capital designated by the board of directors as a reserve against possible loan losses and, as such, unavailable for lending purposes.
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